No, no, no. What Axel is saying is that there is no such thing as the philosopher's stone, Flamel is only using that as an excuse to explain where all his gold came from. (And to explain where his immortality came from, which he also is getting another way in this scenario, perhaps from a horcrux.)
It's strongly implied that in MoR, just as in canon, Dumbledore is hiding a philosopher's stone in Hogwarts at Flamel's request. Dumbledore even tries to tempt Harry to use Alohomora on the door leading to the stone.
And if Dumbledore has had a chance to examine it, we can be assured that it is real.
This is a new thread to discuss Eliezer Yudkowsky’s Harry Potter and the Methods of Rationality and anything related to it. This thread is intended for discussing chapter 87. The previous thread has passed 500 comments.
There is now a site dedicated to the story at hpmor.com, which is now the place to go to find the authors notes and all sorts of other goodies. AdeleneDawner has kept an archive of Author’s Notes. (This goes up to the notes for chapter 76, and is now not updating. The authors notes from chapter 77 onwards are on hpmor.com.)
The first 5 discussion threads are on the main page under the harry_potter tag. Threads 6 and on (including this one) are in the discussion section using its separate tag system. Also: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17.
Spoiler Warning: this thread is full of spoilers. With few exceptions, spoilers for MOR and canon are fair game to post, without warning or rot13. More specifically: